Radware Ltd | August 30, 2022
Radware a leading provider of cyber security and application delivery solutions, announced the launch of a new cloud security center in Taiwan. The facility will enable customers in Taiwan to secure their datacenters, networks, web and mobile applications, and their APIs with minimal latency, as well as mitigate compliance processes involved in offshore routing.
The new security center will protect customers against denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. This includes the OWASP Top 10 Web Application Security Risks for 2021, OWASP Top 21 Automated Threats to Web Applications, OWASP API Security Top 10, as well as volumetric distributed denial-of-service (DDoS) and application-level DDoS attacks.
According to Radware’s First Half 2022 Global Threat Analysis Report, during the first six months of 2022:
The number of malicious DDoS attacks climbed 203% compared to the first six months of 2021.
The average number of DDoS events per month, per customer was almost 1.5 times higher in the first half of 2022, compared to 2021 and 2020.
The number of malicious web application transactions grew by 38%, compared to the first six months of 2021, surpassing the total number of malicious transactions recorded in 2020.
“As the size and speed of cyberattacks continue to rise, the launch of the new cloud security center in Taiwan enables us to deliver faster mitigation response times in the region along with the highest levels of security protection, The center also meets a growing demand for local security that complies with data sovereignty requirements.”
Haim Zelikovsky, vice president of Radware’s cloud security services business
The new security center in Taiwan is the latest addition to Radware’s cloud security network. Today, the network includes over 10Tbps of mitigation capacity across more than 50 security centers located around the globe.
“Radware continues to make investments in protecting businesses and governments alike from the growing threat of cyberattacks,” said Alan Lee, regional director for Radware in Taiwan and Hong Kong. "Taiwan is located within an influential hub in the Asia-Pacific region. Information security is regarded as a national security issue. Setting up a cloud security center in Taiwan will help improve information security standards and increase regional cyber defenses.”
Radware is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware’s solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down. For more information, please visit the Radware website.
Options Technology | August 19, 2022
Options Technology, the leading provider of cloud-enabled managed services to the global capital markets, today announced its eighth Microsoft Gold Partner Status competency in Data Platform.
Gold Partner Status is awarded to only the top 1% of Microsoft partners and is a recognized mark of the highest technology and business performance standards worldwide.
Microsoft’s Data Platform competency demonstrates Options’ ability to ensure customer database systems operate efficiently with data secured from unauthorized access and categorized so that it can be translated into business insights.
This accolade is the latest addition to Options’ global cloud-agnostic platform. It follows the company’s receipt of Microsoft Gold Partner competencies in Collaboration and Content, Security, Small and Midmarket Cloud Solutions, Cloud Productivity, Cloud Platform, Project and Portfolio Management, and Communication.
“Our strategic partnership with Microsoft continues to produce a unique blend of technical innovation, expertise and now an extensive list of cloud credentials which offer lasting credibility and capability for our clients across the capital markets. We are delighted to achieve our latest Microsoft accreditation in Data Platform. This recognition enables Options to deliver best-in-class data solutions alongside a secure, resilient, and cloud-agnostic platform.”
President and CEO, Danny Moore
Today’s news comes as the latest in a series of announcements for Options, including its win for Best Employee Development Programme at the Irish News Workplace & Employment Awards, VMware Cloud Verified Status in LHC, and the launch of Quantify and Data Store products.
In 2019, Options received investment from Boston-based Private Equity Firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally.
Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.
Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.
Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely.
In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.
Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.
About Abry Partners
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.
CLOUD DEPLOYMENT MODELS
CoreStack | September 07, 2022
CoreStack, a global cloud governance provider that empowers enterprises to unleash the power of the cloud by enabling continuous and autonomous cloud governance at scale, today announced that it is participating in the Amazon Web Services (AWS) Marketplace Vendor Insights preview, which streamlines the complex third-party software risk assessment process by enabling sellers to make security and compliance information available through AWS Marketplace, a curated digital catalog that customers can use to find, buy, deploy, and manage third-party software, data, and services to build solutions and run their businesses. CoreStack’s NextGen Cloud Governance solutions — FinOps, SecOps and CloudOps — are now available via a unified web-based dashboard as part of AWS Marketplace Vendor Insights to give customers access to security and compliance information.
AWS Marketplace Vendor Insights helps streamline the procurement process by granting buyers access to evidence made available by sellers related to data privacy and residency, application security, and access control.
“We created AWS Marketplace Vendor Insights to serve customers that need help validating third-party software that meets their compliance needs, We are glad to see CoreStack participating in the Vendor Insights preview and their commitment to trust and transparency. Companies like CoreStack work with AWS to showcase their validated security profile, saving customers months of effort, reducing the software risk assessment lead time for customers while assuring them of continuous monitoring of vendor security.”
Jason Timmes, General Manager, AWS Marketplace Seller Services
Using Vendor Insights can help buyers reduce assessment lead time to a few hours by allowing buyers to access the vendor’s validated security profile, saving months of effort from questionnaires and back-and-forth with vendors. The dashboard also provides evidence backed by AWS Config and AWS Audit Manager assessments, external audit reports, and software vendor self-assessments to help customers perform continual compliance monitoring.
"Vendor Insights provides ongoing visibility and alerts about the vendor’s security hygiene,” said Satyam Patel, Vice President & Chief Information Security Officer at 7.ai. “Using Vendor Insight notifications helps us remove the need for periodic reassessments and brings in agility in the procurement process.”
The CoreStack platform, built on cloud-native services, empowers AWS customers to achieve security and compliance, enhance cloud operational efficiencies as well as optimize costs. It applies a unique cloud-as-code approach that leverages deep artificial intelligence (AI) / machine learning (ML), declarative definitions, and a patented cloud service-chaining technology. Customers can leverage CoreStack’s powerful NextGen Cloud Governance offerings — FinOps, SecOps and CloudOps — to govern operations, security, cost, access, and resources across multiple cloud accounts.
“We take pride in helping customers embrace, expand and enhance cloud through our NextGen Cloud Governance, and we are proud to showcase our validated and strong security story with customers through Vendor Insights,” said Parul Chheda, Vice President of Strategic Alliances at CoreStack. “Security is a shared responsibility, and we are happy that AWS Marketplace customers can directly monitor and inspect configuration of our technology resources and collect other critical information to deliver up-to-date security posture metrics and artifacts. We look forward to working with AWS to fast-track due diligence and further the value we can offer to our customers.”
CoreStack is a NextGen cloud business accelerator that empowers enterprises to predictably increase top-line revenues, improve bottom-line efficiencies, and gain a competitive edge through AI-powered real-time cloud governance on autopilot. CoreStack's FinOps, SecOps and CloudOps solutions embrace, enhance, and extend native-cloud, enable reporting, recommendation, remediation and provide single pane-of-glass governance across multi-cloud. Through executive dashboards for comprehensive real-time insights, CoreStack delivers transformative value such as 40% increase in operational efficiencies, 50% decrease in cloud costs, and 100% security assurance and compliance. CoreStack helps 500+ global enterprises govern $2B+ in annual cloud consumption.
Cloud Inventory | August 22, 2022
Cloud Inventory, a leader in mobile-first inventory solutions, and Boomi™, an intelligent connectivity and automation leader, announced an expanded partnership to provide faster, easier integration for customers. The partnership empowers companies using any ERP platform to quickly connect applications, data, people, and devices. This enables the optimization of key processes, including accounting, order management, inventory, and procurement.
"Using Boomi and Cloud Inventory together, companies can enable their employees, trading partners, and customers to engage everywhere across any channel, device, or platform, We're pleased to expand our offerings through this partnership with Cloud Inventory to provide an even better, more integrated experience to customers, helping them ensure alignment of their own customers, products, people, and critical financial data."
Ed Macosky, Chief Innovation Officer, Boomi
The partnership leverages integration capabilities from Boomi, a category-leading integration platform as a service (iPaaS) provider with more than 20,000 customers using its AtomSphere™ Platform worldwide. The technology integration enhances the overall Cloud Inventory to ERP experience by increasing transaction throughput, adding scale, and providing greater control over data orchestration.
"Companies are looking for effective ways to move faster with real-time connectivity without sacrificing sophistication in today's marketplace," said Mark Goode, President, Cloud Inventory. "We're excited that our integration with Boomi provides our customers the tools they need to take their operations to the next level, no matter their ERP."
About Cloud Inventory
Cloud Inventory mobile-first applications empower organizations with real-time inventory visibility at all points in the supply chain, from the warehouse to the field. Based in Kansas City, our global team has the supply chain knowledge and mobile-first development expertise to deliver solutions that solve today's business challenges.